ASB
vs
S
S&P/ASX 300
ASB
Over the past 12 months, ASB has underperformed S&P/ASX 300, delivering a return of -39% compared to S&P/ASX 300's +0% growth.
Stocks Performance
ASB vs S&P/ASX 300
Performance Gap
ASB vs S&P/ASX 300
Performance By Year
ASB vs S&P/ASX 300
Compare the stock's returns with its benchmark index and competitors. Gain insights into its relative performance over time.
Austal Ltd
Glance View
Austal Ltd is a shipbuilder that designs and builds aluminum vessels, especially fast ferries, passenger boats, and naval ships. It also provides through-life support, repair, and maintenance for the vessels it delivers. Its customers are mainly ferry operators, commercial transport customers, and government defense agencies that need custom-built ships rather than off-the-shelf products. The company makes money by winning shipbuilding contracts and then being paid in stages as each vessel is designed, built, and delivered. It also earns service revenue from long-term support work after delivery. This model is different from a mass-market manufacturer because each ship is a large project built to a customer’s specific needs, so Austal acts more like a specialized engineer and contractor than a standard factory producer. Austal’s place in the industry is in the middle of the value chain: it turns designs and steel or aluminum fabrication into finished vessels that customers can actually use. Its strength is in building lightweight, high-speed ships and military support craft, which require tight engineering, quality control, and close work with the customer. That makes it a niche supplier for buyers that need custom marine assets and ongoing support over the life of the vessel.
